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    Melrose, MA Triplexes for Sale

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    Malden, MA Stoneham, MA Medford, MA
    Three-Family Redevelopment Opportunity
    $1,499,000
    20,000 SF
    Three-Family Redevelopment Opportunity

    71-73 Grove St, Melrose, MA 2176

    Current three-family with zoning paths allowing new mixed-use development and room for 10–12 parking spaces.
    • Current three‑family property with zoning paths for new mixed‑use development
    • Zoning indicates a Special Permit is needed to tear down and rebuild a mixed‑use building
    • Parking layout supports 10–12 parking spots
    • Current FAR 2.0 allows up to 11,500 SF building
    • Zoning also references a larger building option up to 20,000 SF with FAR 3.5 and additional Special Permits
    Updated: Jun 4
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    Melrose Multifamily Portfolio Opportunity
    $4,800,000
    3,725 SF
    Melrose Multifamily Portfolio Opportunity

    24 W Emerson Street, Melrose, MA 2176

    Four adjacent parcels with 14 units in Melrose, MA.
    • Portfolio of four adjacent parcels totaling ~0.71 acres with 14 existing units.
    • Zoning (UR‑D / Urban Residential) allows for up to 21 units by right.
    • Redevelopment or expansion strategies possible (subject to approvals).
    • Ample on‑site parking, including garage and off‑street spaces.
    • Includes a 5‑unit, 4‑unit, 2‑unit (duplex), and 3‑unit (triplex) building.
    Updated: May 14
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Family Residence with Off-Street Parking
    $1,069,000
    2,929 SF
    Three-Family Residence with Off-Street Parking

    Well-laid-out three-family home with a full basement, separate living spaces, and off-street parking in ResB zoning.

    123-125 Laurel St, Malden, MA 02148

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    Three-Family Property in Everett, MA
    $989,000
    3,565 SF
    Three-Family Property in Everett, MA

    Three-unit property in Everett with strong cash flow potential.

    15 Marie Ave, Everett, MA 02149

    View details
    Everett Three-Family Investment Opportunity
    $989,000
    3,565 SF
    Everett Three-Family Investment Opportunity

    Three-family property in Everett with separate utilities and strong cashflow.

    15 Marie Ave, Everett, MA 2149

    View details
    Spacious Three-Family Property in Malden
    $1,099,000
    2,929 SF
    Spacious Three-Family Property in Malden

    Three-family property with strong rental potential near amenities and transportation.

    123-125 Laurel Street, Malden, MA 2148

    View details

    Melrose, MA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Melrose, MA on our real estate platform. These investment opportunities span a total of 23,725 square feet of properties for sale, with an estimated market value of $6,299,000.

    Sale prices for three-family homes in Melrose, MA start at $1,499,000, averaging $3,149,500, and reaching up to $4,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Triplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +4.9%
    Median Household Income $126,854
    College Educated 90.3%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02176 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $9.48 per SF
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

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